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Nonprofit · EIN 74-1285242

GULF COAST MEDICAL FOUNDATION

Tax-exempt · DAMON, TX 77430

Financials

$875K$900K2023$1M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of GULF COAST MEDICAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,003,998$1,116,184-$112,186$11,806,011$0$11,806,011
December 31, 2023990-PF$875,310$900,232-$24,922$11,918,197$0$11,918,197
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$316,015
Interest
$110,235
Net gain from sales of assets
$576,835
Other income
$913

Expenses

Grants and similar amounts paid
$868,371
Compensation of officers, directors and key employees
$84,000
Disbursements for charitable purposes
$951,236
Excise tax on investment income
$11,752

Balance sheet and other

Total assets, start of year
$11,918,197
Total assets, end of year
$11,806,011
Total liabilities, end of year
$0
Net assets, end of year
$11,806,011
Fair market value of assets
$17,658,283
Qualifying distributions
$951,236
Net investment income
$1,003,726

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MELISSA BURNHAM
21702 LAKE VIEW RD, DAMON, TX 77430
EXECUTIVE VICE PRESIDENT20$84,000
JEFFREY D BLAIR
1406 KELVING WAY, WHARTON, TX 77488
DIRECTOR1$0
JANET PEDEN
2020 AVENUE H, BAY CITY, TX 77414
DIRECTOR1$0
JACK MOORE
2116 THOMPSON HWY STE 116, RICHMOND, TX 77469
SECRETARY1$0
CHARLES DAVIS
PO BOX 1029, WHARTON, TX 77488
DIRECTOR1$0
LAURANCE H ARMOUR III
PO BOX 538, PIERCE, TX 77467
TREASURER1$0
SAMUEL GOLDEN
11 RETREAT BLVD, RICHMOND, TX 77469
PRESIDENT1$0
CLIVE RUNNELLS III
PO BOX 5097, AUSTIN, TX 78763
DIRECTOR1$0
MICHAEL R FARRELL
1007 PHILLIP CIRCLE, EAST BERNARD, TX 77435
DIRECTOR1$0
ROBERT M TAYLOR JR
3200 SOUTHWEST FWY STE 2121, HOUSTON, TX 77027
VICE PRESIDENT1$0
FAYE WATSON
15810 CALDERMONT COURT, HOUSTON, TX 77084
DIRECTOR1$0
ANISA VASQUEZ
813 E CALHOUN, EL CAMPO, TX 77437
DIRECTOR1$0
BRADLEY WESTMORELAND
620 SIXTH ST, BAY CITY, TX 77414
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
MELISSA BURNHAM
21702 LAKE VIEW RD, DAMON, TX 77430
EXECUTIVE VICE PRESIDENT20$84,000
JEFFREY D BLAIR
1406 KELVING WAY, WHARTON, TX 77488
DIRECTOR1$0
JANET PEDEN
2020 AVENUE H, BAY CITY, TX 77414
DIRECTOR1$0
JACK MOORE
2116 THOMPSON HWY STE 116, RICHMOND, TX 77469
SECRETARY1$0
CHARLES DAVIS
PO BOX 1029, WHARTON, TX 77488
DIRECTOR1$0
LAURANCE H ARMOUR III
PO BOX 538, PIERCE, TX 77467
TREASURER1$0
SAMUEL GOLDEN
11 RETREAT BLVD, RICHMOND, TX 77469
PRESIDENT1$0
CLIVE RUNNELLS III
PO BOX 5097, AUSTIN, TX 78763
DIRECTOR1$0
MICHAEL R FARRELL
1007 PHILLIP CIRCLE, EAST BERNARD, TX 77435
DIRECTOR1$0
ROBERT M TAYLOR JR
3200 SOUTHWEST FWY STE 2121, HOUSTON, TX 77027
VICE PRESIDENT1$0
FAYE WATSON
15810 CALDERMONT COURT, HOUSTON, TX 77084
DIRECTOR1$0

Address and contacts

Address (IRS master file)
21702 LAKE VIEW RD, DAMON, TX 77430-8483
Signed the 990-PF
MELISSA BURNHAM, EXECUTIVE VICE PRESIDENT
Phone
(281) 414-9945
Return prepared by
MOHLE ADAMS LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
74-1285242
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1962
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$11,806,011
Income (IRS master file)
$4,763,180

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,003,998$1,116,184$11,806,011XML
990-TDecember 2024–––IRS
990-PFDecember 2023$875,310$900,232$11,918,197XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-1285242).

Questions about GULF COAST MEDICAL FOUNDATION

What is the EIN of GULF COAST MEDICAL FOUNDATION?
The employer identification number (EIN) of GULF COAST MEDICAL FOUNDATION is 74-1285242.
Is GULF COAST MEDICAL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1962.
Are donations to GULF COAST MEDICAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GULF COAST MEDICAL FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of GULF COAST MEDICAL FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GULF COAST MEDICAL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of GULF COAST MEDICAL FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $84,000 (MELISSA BURNHAM, EXECUTIVE VICE PRESIDENT).
How much revenue does GULF COAST MEDICAL FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,003,998, expenses of $1,116,184 and total assets of $11,806,011 at year end.

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